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Bond prices depend on the market rate of interest, stated rate of interest, and time. Read the requirements. Requirement 1. Compute the price of the
Bond prices depend on the market rate of interest, stated rate of interest, and time. Read the requirements. Requirement 1. Compute the price of the following 5% bonds of Friendship Telecom. a. The price of the $100,000 bond issued at 75.25 is b. The price of the $100,000 bond issued at 104.50 is c. The price of the $100,000 bond issued at 94.25 is d. The price of the $100,000 bond issued at 104.25 is Requirement 2. Which bond will Friendship Telecom have to pay the most to retire at maturity? Explain your
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